FSRU

AG&P LNG Awarded 20-year Contract by PLN EPI, Indonesia for Co-development, Ownership and Operations of LNG Import Terminals in Sulawesi-Maluku Power Cluster

Retrieved on: 
Tuesday, March 26, 2024
Energi, Carbon, SBS, Natural gas, MTPA, JV, AG, Partnership, Acquisition, LNG carrier, PLN, Consortium, Plant, Investment, FSRU, PT PLN

SINGAPORE, March 26, 2024 /PRNewswire/ -- Leading LNG terminals and downstream infrastructure company, AG&P LNG, majority-owned by Nebula Energy, announced today that its subsidiary PT AGP Indonesia Utama (AG&P Indonesia), along with consortium members Suasa Benua Sukses (SBS) and KPMOG, collectively referred to as the Consortium, has won a large-scale 20-year contract for LNG infrastructure from PLN EPI in Indonesia. The tender was awarded to AG&P LNG for the co-development, ownership and operations of LNG import terminal infrastructure and downstream logistics in seven locations within the Sulawesi-Maluku cluster in Indonesia. The customer and co-shareholder in this facility will be PT PLN Energi Primer (PLN EPI), a wholly owned subsidiary of PT PLN (Persero) Indonesia.

Key Points: 
  • PT PLN Energi Primer (PLN EPI), a wholly owned subsidiary of PT PLN (Persero) Indonesia will be the customer and co-shareholder in the facility.
  • The tender was awarded to AG&P LNG for the co-development, ownership and operations of LNG import terminal infrastructure and downstream logistics in seven locations within the Sulawesi-Maluku cluster in Indonesia.
  • The customer and co-shareholder in this facility will be PT PLN Energi Primer (PLN EPI), a wholly owned subsidiary of PT PLN (Persero) Indonesia.
  • Among its LNG terminal project portfolio, AG&P LNG is the operator of the first LNG import and regasification terminal in the Philippines, the Philippines LNG (PHLNG) Import Terminal located in Batangas Bay.

AG&P LNG Awarded 20-year Contract by PLN EPI, Indonesia for Co-development, Ownership and Operations of LNG Import Terminals in Sulawesi-Maluku Power Cluster

Retrieved on: 
Tuesday, March 26, 2024
Energi, Carbon, SBS, Natural gas, MTPA, JV, AG, Partnership, Acquisition, LNG carrier, PLN, Consortium, Plant, Investment, FSRU, PT PLN

SINGAPORE, March 26, 2024 /PRNewswire/ -- Leading LNG terminals and downstream infrastructure company, AG&P LNG, majority-owned by Nebula Energy, announced today that its subsidiary PT AGP Indonesia Utama (AG&P Indonesia), along with consortium members Suasa Benua Sukses (SBS) and KPMOG, collectively referred to as the Consortium, has won a large-scale 20-year contract for LNG infrastructure from PLN EPI in Indonesia. The tender was awarded to AG&P LNG for the co-development, ownership and operations of LNG import terminal infrastructure and downstream logistics in seven locations within the Sulawesi-Maluku cluster in Indonesia. The customer and co-shareholder in this facility will be PT PLN Energi Primer (PLN EPI), a wholly owned subsidiary of PT PLN (Persero) Indonesia.

Key Points: 
  • PT PLN Energi Primer (PLN EPI), a wholly owned subsidiary of PT PLN (Persero) Indonesia will be the customer and co-shareholder in the facility.
  • The tender was awarded to AG&P LNG for the co-development, ownership and operations of LNG import terminal infrastructure and downstream logistics in seven locations within the Sulawesi-Maluku cluster in Indonesia.
  • The customer and co-shareholder in this facility will be PT PLN Energi Primer (PLN EPI), a wholly owned subsidiary of PT PLN (Persero) Indonesia.
  • Among its LNG terminal project portfolio, AG&P LNG is the operator of the first LNG import and regasification terminal in the Philippines, the Philippines LNG (PHLNG) Import Terminal located in Batangas Bay.

New Fortress Energy Places Terminal Gas Sul LNG Terminal in Santa Catarina, Brazil into Operation

Retrieved on: 
Friday, March 1, 2024
Other Energy, Maritime, Utilities, Logistics, Supply Chain Management, Oil, Gas, Transport, Energy, FSRU, TGS, Arno Drescher, Wes Edens, Peptide

New Fortress Energy, Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its Terminal Gas Sul (“TGS”) LNG terminal located in Santa Catarina, Brazil, is now operational with the Energos Winter Floating Storage Regasification Unit (FSRU) on-site.

Key Points: 
  • New Fortress Energy, Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its Terminal Gas Sul (“TGS”) LNG terminal located in Santa Catarina, Brazil, is now operational with the Energos Winter Floating Storage Regasification Unit (FSRU) on-site.
  • TGS is an offshore LNG import terminal with a capacity of approximately 6 MTPA (300 TBtu) and maximum send out of 500 mmscf/day.
  • The terminal includes the Winter FSRU and a 33-kilometer, 20-inch pipeline, which connects the facility to the existing inland Transportadora Brasileira Gasoduto Bolívia-Brasil (“TBG”) pipeline.
  • The TGS terminal is essential infrastructure and will play a vital role in meeting the region's power and gas requirements.

New Fortress Energy Places Barcarena LNG Terminal in Pará, Brazil into Operation

Retrieved on: 
Thursday, February 29, 2024
Oil, Gas, Alternative Energy, Energy, Environment, Sustainability, Acquisition, State government, Ministry, FSRU, Natural gas, Wes Edens, Amazon River, Mouth, CO2, New Power, COD, Norsk Hydro

New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site.

Key Points: 
  • New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site.
  • NFE’s Barcarena LNG terminal is strategically located at the mouth of the Amazon River in Pará, Brazil and serves as the sole natural gas supply source in the state of Pará and the North region of Brazil.
  • The Barcarena terminal will also supply natural gas to NFE’s 630 MW power plant, which is currently under construction adjacent to the Barcarena terminal.
  • “Our Barcarena complex is a great example of NFE’s fully integrated LNG-to-power business model, where our LNG import terminal provides a significant competitive advantage.

Norsk Hydro: Changing the aluminium game - Strengthening position in challenging markets

Retrieved on: 
Wednesday, February 14, 2024
Energi, NOK, Volvo, Investment, Sale, COP28, MRN, PCS, Energy transition, EUR, Bauxite, KT, Partnership, FMC, Capital market, FSRU, Natural gas, PAX, PPA, LME, Climate change, Carbon, Conference, CO2, Recycling, Kilowatt-hour, Tomago, New South Wales, USD, Rationalization, Global warming potential, AGM, Policy, Annual, Wind, Renewable energy

All business areas, except Bauxite & Alumina, delivered returns above their cost of capital in challenging markets during 2023.

Key Points: 
  • All business areas, except Bauxite & Alumina, delivered returns above their cost of capital in challenging markets during 2023.
  • At the same time, lower trailer build rates in North America have started to negatively impact demand in the transport segment.
  • A weakening extrusion ingot market is further putting pressure on product premiums and several remelters are faced with negative margins, consequently.
  • The transactions enable capital reallocation into strategic growth areas, strengthening Hydro’s earnings resilience in a rapidly changing global landscape.

Mindray to Host Radiology Experts in Booth at RSNA 2023

Retrieved on: 
Wednesday, November 15, 2023
RSNA, Anesthesia, Mindray, South Hall (UC Berkeley), Use case, Medicine, McCormick Place, FSRU, Radiology, Doctor of Philosophy, Health, Medical imaging, MD

MAHWAH, N.J., Nov. 15, 2023 /PRNewswire-PRWeb/ -- Mindray, a global developer of technologies and solutions for patient monitoring, ultrasound, and anesthesia, today announced that they will attend the Radiological Society of North America Annual Meeting (RSNA) 2023 in Chicago, IL to showcase its innovative solutions in radiology and provide in-booth educational opportunities for attendees. Mindray invites all RSNA attendees to visit Booth 1322 in the South Hall at McCormick Place for live educational sessions led by six renowned clinical speakers and to explore leading-edge ultrasound solutions.

Key Points: 
  • Mindray invites all RSNA attendees to visit Booth 1322 in the South Hall at McCormick Place for live educational sessions led by six renowned clinical speakers and to explore leading-edge ultrasound solutions.
  • Mindray invites all RSNA attendees to visit Booth 1322 in the South Hall at McCormick Place for live educational sessions led by six renowned clinical speakers and to explore leading-edge ultrasound solutions.
  • "Mindray is delighted to host educational sessions in our booth at RSNA this year," said Michelle Carter, Marketing Manager – Radiology Ultrasound, Mindray North America.
  • Mindray invites all RSNA attendees to see how innovative, cost-effective, leading-edge ultrasound solutions can empower Radiology Departments to provide the highest quality of care, now and in the future.

Excelerate Energy and Petrobangla Sign Long-Term LNG Sale and Purchase Agreement

Retrieved on: 
Wednesday, November 8, 2023
Energy, Other Energy, Oil, Gas, MTPA, Sale, NYSE, Special Protection Area, Natural gas, Bay, FSRU, SPA, Navitas Land and Mineral Corporation, LNG

Excelerate Energy, Inc. (NYSE: EE) (Excelerate or the Company) today announced that it has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla).

Key Points: 
  • Excelerate Energy, Inc. (NYSE: EE) (Excelerate or the Company) today announced that it has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla).
  • Under the SPA, Petrobangla has agreed to purchase 0.85 to 1.0 million tonnes per annum (MTPA) of LNG from Excelerate for a term of 15 years beginning January 2026.
  • Excelerate will deliver 0.85 MTPA of LNG in 2026 and 2027 and 1 MTPA from 2028 to 2040.
  • “Bangladesh is one of the most dynamic LNG markets in the world, and Excelerate has been a key player since the country began importing LNG.

Excelerate Energy and Petrobras Sign 10-Year Charter for FSRU Sequoia

Retrieved on: 
Tuesday, October 17, 2023
Oil, Gas, Alternative Energy, Energy, Other Energy, Utilities, FSRU, Partnership, NYSE, Operation, Sequoia, Service, Petrobras, Natural gas

Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) announced today that the Company and Petróleo Brasileiro S.A. (“Petrobras”) signed a ten-year contract to charter the floating storage and regasification unit (“FSRU”) Sequoia.

Key Points: 
  • Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) announced today that the Company and Petróleo Brasileiro S.A. (“Petrobras”) signed a ten-year contract to charter the floating storage and regasification unit (“FSRU”) Sequoia.
  • “Deploying the Sequoia for 10 more years will position Excelerate well to support Brazil’s efforts to strengthen its energy security.
  • In addition to the Sequoia, Excelerate’s FSRU Experience is currently providing regasification services in Brazil.
  • This Agreement highlights Excelerate Energy’s commitment to using its flexible FSRU fleet to enhance energy security and reliability for its customers around the world.

Golar LNGs Adopt the LFC biodigester as Innovative Food Waste Management Solution

Retrieved on: 
Tuesday, August 29, 2023
Digestate, FSRU, Justice, MARPOL, Ship, Carbon, Floating production storage and offloading, Private law, LFC, Natural gas, Sewage treatment, LNG

The LFC® biodigester is a machine that digests food waste.

Key Points: 
  • The LFC® biodigester is a machine that digests food waste.
  • The decision to adopt the LFC biodigester presented numerous advantages, including an eco-friendly solution that contributes to the preservation of marine ecosystems and a reduction in environmental footprints.
  • Building on the success of the LFC biodigester on the Golar Freeze, the owners recognized its potential benefits for other LNG carriers within their fleet.
  • Furthermore, the LFC biodigester offered the unique advantage of reclaiming deck space, taking up substantially less room than antiquated food pulper systems and storage tanks.

Excelerate Energy Delivers Strong Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
Oil, Gas, Energy, FSRU, Excelsior, Sequoia, GAAP, Central Time, EBITDA, Acquisition, Adjustment, Bahía Blanca, Bank, Natural gas, LNG

Net Income and Adjusted EBITDA for the second quarter of 2023 increased over the prior year second quarter primarily due to higher rates on charters in Finland and Argentina, a contract extension at a higher rate in the UAE, and lower operating lease expense resulting from the acquisition of the FSRU Sequoia.

Key Points: 
  • Net Income and Adjusted EBITDA for the second quarter of 2023 increased over the prior year second quarter primarily due to higher rates on charters in Finland and Argentina, a contract extension at a higher rate in the UAE, and lower operating lease expense resulting from the acquisition of the FSRU Sequoia.
  • In the second quarter of 2023, Excelerate delivered two spot LNG cargos into Bangladesh.
  • The third and fourth cargos are expected to be delivered in the third quarter of 2023.
  • The FSRU Excelsior will return to the Germany charter in the third quarter of 2023.